Feature
CDS: Closing levels for January 16
Credit Default Swap 5-year senior mid-levels for structured products issuers (Friday January 16)
UBS casts Perles in Australia
UBS in Australia has launched the Perles+ Series 3 and 4 structured products which are designed to provide exposure to the S&P/ASX200 index.
58% of structured product complainants to receive compensation, MAS
Fifty-eight percent of investors who filed complaints on being sold DBS High Notes 5, Lehman Minibonds, and Merrill Lynch Series 3 LinkEarner notes will receive full or partial compensation, according to the Monetary Authority of Singapore (MAS). Almost…
FTSE to take over calculation of Italian MIB indexes
Index provider FTSE will take over the calculation of existing equity indexes for the Italian market on behalf of Borsa Italiana from March 30 2009. The current S&P/MIB index, the calculation of which will be unchanged in the transition, will be…
CDS: Citi tightens but remains wide at 346.2bp
Credit Default Swap 5-year senior mid-levels for structured products issuers (Thursday January 15 2009)
In comes the New Year with NDFA Income plan
NDFA has unveiled its latest Regular Income plan, delivering tax efficient returns for dividend income from non-UK shares. With interest rates cut to their lowest level, NDFA believes that 2009 will be the year of the income investment. "Income will,…
CDS: European banks stable; Citi levels overwhelmed by break-up plan
Credit Default Swap 5-year senior mid-levels for structured products issuers (Wednesday January 14 2009)
Keydata Growth plan outperforms FTSE 100 and a range of investments
Keydata Investment Services has disclosed that its Dynamic Growth Plan Issue 4 Accelerated Growth Plan has outperformed the FTSE 100 index, cash, all UK tracker funds, as well as 424 actively managed funds that span five fund sectors. The plan, which…
Barclays produces new investment note to ride US recovery
Barclays Bank is offering a three-year structured product designed to capitalise on a rapid recovery in US markets. "Just as it led the decline in 2008, experiencing losses of over 38%, commentators expect the S&P 500 (the US equity index that tracks its…
CDS: Santander leads widening
Credit Default Swap 5-year senior mid levels for structured products issuers (Tuesday January 13 2009)
Citi CDS blows wide on restructuring plans
Citigroup's credit default swap five-year senior mid level was at 370.1 minutes ago, marking a near 50% weakening from yesterday's New York close, when the paper was quoted by CMA DataVision at 262.9.
CDS: US banks lead the widening
Credit Default Swap 5-year senior mid levels for structured products issuers (Monday January 12 2009)
JP Morgan to release 32 Vanguard ETFs in Mexican market
JP Morgan's Depositary Receipts Group has teamed up with Vanguard, a US-based provider of exchange-traded funds (ETFs), to offer its US-registered ETFs on the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV). The Vanguard ETFs are listed on the…
Gas storage: rolling intrinsic valuation
John Breslin, Les Clewlow, Tobias Elbert, Calvin Kwok, Chris Strickland and Daniel van der Zee describe a simple to execute and risk-limiting trading strategy, the rolling intrinsic method
The next regulatory era
Market turmoil and political pressure are forcing the US CFTC to consider implementing new derivatives regulation or face potentially draconian rules imposed by Congress, write Gregory Mocek and Athena Velie
Refiners feel the squeeze
While crude oil prices have undergone a 70% decline since July, gasoline has dropped by 75%, taking the crack spread into negative territory. Eric Fishhaut of GlobalView Software looks at this unusual phenomenon
Garth Edward
GARTH EDWARD, head of emission markets at Citi, talks to Rachel Morison about delivering both finanical and social results, and the prospect of a global carbon emissions scheme